Teco invests in ZEPT
Teco Electric & Machinery has acquired a 25% stake in ZEPT, a Taiwan-based startup that develops powertrain modules used in electric vehicles (EVs), for cooperation in developing EV-use power systems and tapping corresponding markets......»»
Walmart invests in self-driving car start-up Cruise to expand last-mile delivery ecosystem
We don't know exactly how much Walmart chipped in, but its contributions (combined with cash from other "institutional investors") have raised Cruise's latest funding total to $2.75 billion from $2 billion. In other words, Walmart's portion of the ca.....»»
Walmart invests in self-driving startup Cruise
Cruise says it's about two years from commercial launch. We've heard that before. Enlarge (credit: Walmart) Walmart is investing in self-driving startup Cruise as part of a massive $2.75 billion investment round in the company—an expansion o.....»»
Walmart invests in GM"s self-driving car company, Cruise
Walmart is investing in GM's self-driving vehicle company, Cruise, as it works to build out its delivery network......»»
Teco invests in ZEPT
Teco Electric & Machinery has acquired a 25% stake in ZEPT, a Taiwan-based startup that develops powertrain modules used in electric vehicles (EVs), for cooperation in developing EV-use power systems and tapping corresponding markets......»»
Ennostar invests in Tyntek
Ennostar has invested less than NT$3.0 billion (US$106 million) to take an about 10% stake in LED chip and Si-based sensor maker Tyntek, according to industry sources......»»
SoftBank Vision Fund 2 invests $160M in media localization provider Iyuno-SDI Group
Iyuno-SDI Group, a provider of translated subtitles and other media localization services, announced today it has raised $160 million in funding from SoftBank Vision 2. The company said this makes the fund one of its largest shareholders. Iyuno-SDI G.....»»
Foxconn founder invests in biotech firm
Foxconn Electronics (Hon Hai) founder Terry Gou will invest in EirGenix, a Taiwan-based contract development and manufacturing operator (CDMO) for biotechnological pharmaceuticals, to become its biggest shareholder......»»
Daily Crunch: KKR invests $500M into Box
Box gets some financial ammunition against an activist investor, Samsung launches the Galaxy SmartTag+ and we look at the history of CryptoPunks. This is your Daily Crunch for April 8, 2021. The big story: KKR invests $500M into Box Private equity fi.....»»
Shell invests in LanzaJet to speed up deliveries of its synthetic aviation fuel
The energy giant Shell has joined a slew of strategic investors including All Nippon Airways, Suncor Energy, Mitsui, and British Airways in funding LanzaJet, the company commercializing a process to convert alcohol into jet fuel. A spin-off from La.....»»
Apple invests $50M into music distributor UnitedMasters alongside A16z and Alphabet
Independent music distribution platform and tool factory UnitedMasters has raised a $50M series B round led by Apple. A16z and Alphabet are participating again in this raise. United Masters is also entering a strategic partnership with Apple alongsid.....»»
Teco to set up factory in India
Teco Electric & Machinery will set up a factory in India on a joint venture basis with Japan-based Mitsui to produce industrial motors, electric vehicles (EV) motors and frequency converters, with construction to begin in May 2021 and completion at t.....»»
Microsoft, CHT, Teco team up for Industry 4.0
Microsoft, Chunghwa Telecom (CHT) and Teco Electric & Machinery will cooperate to promote Industry 4.0 in Taiwan by integrating Microsoft's cloud computing technology and services, CHT's ICT capability and Teco' strength in electromechanics to develo.....»»
Virginia Broadband Program Invests $20.1M in 11 Projects
Virginia Broadband Program Invests $20.1M in 11 Projects Virginia is investing $20.1 million to support 11 projects that will connect 13,400 households, businesses and anchor institutions to high speed Internet, according to the governor’s off.....»»
PUBG Mobile-developer invests $22.4 million in India’s Nodwin Gaming
Krafton, the developer of popular gaming title PUBG Mobile, has invested $22.4 million in Indian esports firm Nodwin Gaming, the two firms said Tuesday as the South Korean firm looks to maintain some presence in what was once its key overseas market......»»
Toyota VC fund invests in AI startups, supply-chain management
The Silicon Valley-based Toyota AI Ventures fund, with $200 million under management, has so far invested in 36 early-stage startups......»»
Payfazz invests $30M in Xfers as the two Southeast Asian fintechs form Fazz Financial Group
Payfazz and Xfers, two startups that want to increase financial inclusion in Southeast Asia, announced today they have joined forces to create a new holding entity called Fazz Financial Group. As part of the deal, Payfazz, an agent-based financial se.....»»
Foxconn invests in AutoCore.ai
Foxconn Electronics and others have jointly invested about CNY100 million (US$15.5 million) in AutoCore.ai, which is devoted to autonomous driving development, in pre-Series A funding round, according to Foxconn......»»
Sequoia Capital India’s Surge invests $2M in sales engagement platform Outplay
Sales engagement platforms (SEP) help sales teams automate and track the large number of tasks they need to do each day as they contact leads and home in on potential deals. Focused on small-to-medium-sized companies, SEP startup Outplay announced to.....»»
China Will Dominate AI Unless US Invests More, Commission Warns
The U.S., which once had a dominant head start in artificial intelligence, now has just a few years' lead on China and risks being overtaken unless government steps in, according to a new report to Congress and the White House. From a report: Former.....»»
Rokk3r acquires AdMobilize and Matrix Labs for $19.5M
Miami-based AdMobilize and its spin-off, Matrix Labs, announced this morning that they are being acquired for $19.5 million. The buyer is Rokk3r, a Miami-based holding company that invests in creating, acquiring and integrating companies. AdMobilize.....»»